The National Solar Energy Federation of India submitted the proposal to the Commerce Ministry in December and expects approval for a Renewable Energy Export Promotion Council in the next few months.
More flexible prices during peak periods would incentivize the use of energy during times of lower demand and reduce the burden on the grid, according to a report by IEEFA. Day-ahead market pricing would better incentivize variable generation to ‘kick in’ at times of peak demand.
India’s leading infrastructure finance company IL&FS expects up to Rs 80 billion from wind and solar asset sales.
With the announcement of a National Energy Storage Mission expected this month, 2019 is set to be a year of manufacturing and research and development opportunities in India’s storage sector
Products and companies which fail to make the list will be excluded from a wide range of government-backed projects. The list is set to apply from the end of March 2020 but new tenders will incorporate listing requirements from now on.
Of the colossal sum, 350 GW would be for solar. India currently has installed renewable energy capacity of 75 GW with a further 46 GW under implementation.
The state, which plans to add 3 GW of renewable capacity annually, will host the ninth edition of the Vibrant Gujarat Global Summit, which opens in 11 days’ time.
The tension between the cost cutting and performance boosting opportunities presented by new technologies and the tendency for risk aversion is never more evident than in PV module materials. This applies nowhere more than in backsheets, where new innovations are big on promise, but must convince manufacturers and the market of their long-term performance.
Dutch lender Oikocredit has extended India’s first residential solar rooftop line of credit through its Indian subsidiary Maanaveeya Development & Finance
India contributed to one-third of the global sales of distributed solar products during January-June 2018. Indian manufacturers can further leverage the International Solar Alliance (ISA) platform to engage with the global market, says Viraj Gada, GOGLA’s India regional representative and spokesperson for The India Distributed Energy Forum and Expo (IDEF), in an interview with pv magazine ahead of the event on January 30 and 31 in New Delhi.
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